Summary - 83 MANCHESTER STREET DERBY DE22 3GD
4 bed 4 bath Terraced
Four en-suite rooms, studio unit, strong income — ready-made investment in Derby.
Circa £25,000 annual income, approximately 9.99% gross yield
This mid-terrace Victorian property on Manchester Street is configured as a high-yield investment, currently returning circa £25,000 per year (approx. 9.99% yield). Four double bedrooms each include an en-suite; one room is arranged as a self-contained studio with a small kitchen. Rooms are let fully furnished and historically show minimal void periods, appealing to students and young professionals in the area.
The interior is presented to a modern standard with a contemporary communal kitchen, integrated appliances and laminate flooring that supports low-maintenance management. The freehold tenure, mains gas central heating and fast broadband/strong mobile signal make the property operationally straightforward for landlords.
Buyers should note material negatives: the EPC is rated E, the solid brick walls are likely uninsulated, and the double glazing was installed before 2002. The property sits in a generally deprived area with above-average crime levels, and the overall plot and internal rooms are compact — factors that may affect long-term capital appreciation and tenant mix.
Overall, this is a turn-key rental asset for an investor focused on immediate income and tight management. The strong current yield and proximity to universities and transport links support continued demand, but prospective purchasers should budget for energy-efficiency improvements and consider the local social context when planning longer-term hold strategies.
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